SIT on black money suggests Rs 1 crore cap on cash holdings
The latest recommendations come after the earlier suggested limits of Rs 15 lakh and Rs 20 lakh were found to be too low.
Jul 19, 2018, 16:40 PM ISTBlack money: Ban cash transactions of above Rs 3 lakh, restrict cash holding limit to Rs 15 lakh, recommends SIT
The Special Investigation Team (SIT) on black money has recommended ban on cash transactions of above Rs 3 lakh and restricting cash holding with individuals to not more than Rs 15 lakh to curb illegal wealth in the economy.
Jul 14, 2016, 17:57 PM IST